Oil India Ltd. Sees 18.87% Surge in Open Interest Amid Increased Futures Activity
Oil India Ltd. has seen a notable rise in open interest, reaching 17,232 contracts, alongside a trading volume of 17,798 contracts. The stock has outperformed its sector and is currently trading above several moving averages, despite a decline in delivery volume compared to recent averages.
Oil India Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 17,232 contracts, marking an increase of 2,736 contracts or 18.87% from the previous open interest of 14,496. The trading volume for the day reached 17,798 contracts, indicating robust participation in the market.In terms of performance, Oil India Ltd. has outperformed its sector by 3.12%, with a notable 3.81% gain over the last two days. The stock reached an intraday high of Rs 421.5, reflecting a 3.66% increase during the trading session. Currently, the stock is trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.
Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 68.99% compared to the 5-day average. The stock's liquidity remains adequate, with a trading capacity of Rs 1.99 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and the stock's recent performance highlight a dynamic trading environment for Oil India Ltd.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
